President Joe Biden argued Wednesday that immigration is good for the U.S. economy, saying “xenophobia” from China toward Japan and India is hindering growth in both countries.
Kevin Lamarque | Reuters
president joe biden He said on Wednesday that “xenophobia” from China towards Japan and India was hindering growth in both countries, and argued that immigration had been good for India. us economy.
“One of the reasons our economy is growing is because of you and so many others,” Biden said at his presidential campaign fundraiser in Washington. Because we welcome them.” 2024 reelection campaign and marks the beginning of Asian American, Native Hawaiian, and Pacific Islander Heritage Month.
“Why is China so economically stuck? Why is Japan in trouble? Why Russia? Why India? Because they are xenophobic. They don’t want immigrants. Immigrants are us. Make it stronger.”
The International Monetary Fund last month predicted that countries’ growth rates in 2024 would slow from a year earlier, from 0.9% in highly developed country Japan to 6.8% in emerging India.
They expect U.S. growth to be 2.7%, slightly more robust than last year’s 2.5%. Many economists attribute some of the better-than-expected performance to immigrants expanding the domestic workforce.
worry about irregular migration has become a top issue for many American voters ahead of the November presidential election.
Biden condemns remarks by Republican opponent donald trump As an anti-immigrant, it has worked to forge extensive economic and political ties with the following countries: Japan and India This is to counter China and Russia globally.